DIRTT Secures Major Projects, Expanding Opportunities in Construction
DIRTT's Recent Project Achievements
DIRTT Environmental Solutions Ltd. (“DIRTT”, the “Company”) (TSX: DRT; OTC: DRTTF) is making significant strides in industrialized construction. The recent announcement showcases major project awards, indicating strong momentum across various sectors.
Contract Win with Google
Highlighting their innovative approach, DIRTT has secured a substantial $3.5 million contract with Google at its Caribbean campus. This impressive development involves over one million square feet across two buildings, featuring DIRTT’s latest self-contained pod solution. This partnership is a testament to DIRTT’s successful decade-long collaboration with Google, which has led to the completion of more than 250 projects, including work on their New York City headquarters.
Expansion in Healthcare Sector
Collaborating with Allina Health
DIRTT continues to strengthen its foothold in the healthcare sector by expanding collaboration with Allina Health. The new flagship project involves a $16 million contract to enhance seven floors of a new patient tower in Minneapolis. To date, DIRTT has executed over 25 projects with Allina, contributing to clinics and surgery centers.
Market Trends and Growth Trajectory
Benjamin Urban, the Chief Executive Officer of DIRTT, has expressed optimism regarding the company's growth. He mentioned indicators of market expansion, as evidenced by the Dodge Momentum Index's 7.5% increase in August. This growth trend, particularly in commercial planning and healthcare, reinforces DIRTT’s confidence in maintaining a strong growth trajectory.
Forward Pipeline Insights
As of September 1, DIRTT’s forward pipeline totals an impressive $329 million, reflecting a notable 5.7% increase from figures reported in Q2 2025. This upswing signals positive growth prospects and a robust future for DIRTT as they continue to innovate in the construction sector.
About DIRTT
DIRTT is a leading innovator in the field of industrialized construction, offering a unique system of physical products and digital tools to empower organizations to create flexible interiors. Operating across various sectors, including workplace, healthcare, education, and public sectors, DIRTT provides a comprehensive approach to interior construction. Their solutions are specifically designed for flexibility, aiding organizations in adapting their spaces rapidly as needs evolve. With headquarters in Calgary, AB Canada, DIRTT trades on the TSX under the symbol “DRT” and OTCQX under the symbol “DRTTF”.
For More Information
For further inquiries, contact DIRTT Investor Relations at ir@dirtt.com.
Frequently Asked Questions
What sectors does DIRTT operate in?
DIRTT operates primarily in the workplace, healthcare, education, and public sector markets.
What is DIRTT's recent contract with Google about?
DIRTT secured a $3.5 million contract with Google for a development project at their Caribbean campus, showcasing innovative design solutions.
How much is DIRTT's current forward pipeline worth?
As of September 1, 2025, DIRTT's forward pipeline amounts to $329 million, reflecting increased expected growth.
What is DIRTT's position on market trends?
DIRTT's CEO has noted positive indicators of market growth, including significant increases in commercial planning and healthcare activities.
How can I contact DIRTT Investor Relations?
You can reach DIRTT Investor Relations via email at ir@dirtt.com.
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